On March 3, Cobra Inc. purchased a desk for $440 on account. On March 22, Cobra purchased another desk for $585 also on account, and then on March 24, Cobra paid $600 on account. At the end of March, what amount should Cobra report for desks (assuming these two desks were the only desks they had) ?
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Home » Business » On March 3, Cobra Inc. purchased a desk for $440 on account. On March 22, Cobra purchased another desk for $585 also on account, and then on March 24, Cobra paid $600 on account.